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Tag Archives International trade

World Trade Organization (WTO) headquarters in Geneva, Switzerland, July 26, 2018.
International news, News, Other

U.S. President Trump forces WTO revamp

Threats and demands from the U.S. president have sparked an ‘existential crisis’ for the organization

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The World Trade Organization is scrambling to develop a plan for the biggest reform in its 23-year history. This comes after U.S. President Donald Trump brought the world’s top trade court to the brink of collapse by blocking appointments of its judges and threatening to pull the United States out of the organization. Trump’s administration
Most Canadian farmers praise quick passage of CPTPP law
News, Other

Most Canadian farmers praise quick passage of CPTPP law

New opportunities and a levelled playing field with other agriculture exporters are lauded

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Canada’s grain farmers and other export-oriented producers have issued statements praising the Canadian government for quickly passing legislation ratifying the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) paving the way for Canadian farmers to see increased export volumes that could result in higher farm revenues as early as next spring. Alberta Wheat and Barley
A Farm Credit Canada report says Canadian canola exports to the U.S. have dropped by 11.8 per cent and down 10.6 per cent to China.
Markets, News

China/U.S. trade disruptions a big reason for canola, wheat price volatility

Farm Credit Canada releases new report regarding commodity prices

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Prices for canola and wheat are volatile thanks to world trade tensions, including trade disruptions between China and the United States. The volatility is a cause for concern according to Farm Credit Canada’s (FCC) new report, Navigating Trade Disruptions and Volatility, released Oct. 31. The price uncertainty can lead changes in the markets and if
Brian Lemon of Manitoba Beef Producers is pleased that the federal government ratified
Beef cattle, Local news

Manitoba Beef Producers pleased with CPTPP ratification

MPB general manager Brian Lemon says being in the original six is very important

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Manitoba Co-operator reporter Alexis Stockford spoke to Manitoba Beef Producers general manager Brian Lemon at AgEx in Brandon about the recent ratification of theComprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade agreement. Below is the audio file of that conversation.
The Senate dealt with the bill within a week of receiving it from the Commons, but cautioned government that legislators shouldn’t be taken for granted in the process of approving new laws.
News, Other

Canada signs on to CPTPP

Senators chastised the government for taking them for granted on time-sensitive trade bills

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Ottawa – Grain and livestock groups seeking greater market access in Asia are among the loudest voices welcoming the ratification of the Comprehensive and Progressive Trans-Pacific Partnership. Senate gave final approval to the deal Oct.25, and the bill received Royal Assent shortly afterwards. All that remains is notifying the CPTT administration in Auckland, New Zealand,
Photo: @CanadaTrade Twitter
Other

CPTPP trade agreement ratified

Canada will be among the original six and will gain some benefit from moving early

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The last domestic legislative hurdle to enacting the CPTPP trade deal with Pacific rim countries has been cleared. The deal was approved by senate and received Royal Assent the afternoon of Oct. 25. The moves makes Canada one of the first countries to ratify the 11 nation deal which comes into effect once the first
Canadian Prime Minister Justin Trudeau walks to the House of Commons on Parliament Hill in Ottawa, Ontario, Canada, September 17, 2018.
Dairy cattle, News, Poultry

Federal government under pressure on supply management compensation

Plan should be in place before USMCA receives final approval, say opposition senators and MPs

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The federal government is still facing political pressure to deliver on compensation plans for dairy and poultry producers. And those calling for action say it needs to happen in advance of signing the United States-Mexico-Canada Agreement (USMCA). Before starting Parliament’s week-long Thanksgiving break, MPs from all parties backed a motion calling for a financial compensation
Mexico’s then foreign minister Luis Videgaray (l to r), Canada’s Foreign Minister Chrystia Freeland and Mexico’s then economy minister Ildefonso Guajardo pose for a picture after delivering a joint message in Mexico City this past May.
News, Other

Amigos no more

How Donald Trump split Mexico and Canada in trade talks

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Reuters – A day after winning the Mexican presidential election, Andres Manuel Lopez Obrador took a congratulatory call from U.S. President Donald Trump. But Trump had something more important on his mind: Would Mexico’s new president consider a bilateral trade deal? Lopez Obrador responded he would be “open to the possibility” in the absence of
Federal Agriculture Minister Lawrence MacAulay says U.S. wheat will be treated exactly like Canadian wheat which means unregistered varieties will automatically receive the lowest grade.
News

MacAulay clarifies USMCA, wheat grading, dairy compensation

The minister also briefed reporters on his EU trade mission last week

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American wheat entering a Canadian elevator will be graded like Canadian wheat under terms of the new United States-Mexico-Canada Agreement (USMCA), says Canadian Agriculture Minister Lawrence MacAulay. That means to be eligible for a Canadian Grain Commission (CGC) grade, wheat, whether grown in the U.S. or Canada, must be from a variety registered in Canada.
Editorial, Opinion, Other

Editorial: Leadership needed

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One of the most important roles of our political leadership is right there in the job title. We hire these folks to lead. Often that means making the hard decisions and telling people what they won’t want to hear. Naturally some are better at it than others. The late U.S. president Harry Truman popularized the

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